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NBC
Jan 26, 2013 5:30pm PST
correspondent john harwood. john, my question to you, is this a reflection of the dysfunction in congress or are we looking at folks who face tough re-election battles? >> reporter: a little bit of both. history tells us 2014 will be a difficult year for democrats. that influenced harkin and jay rockefeller. saxby chambliss may have faced a primary challenge. you also can't overlook the effects of age. both rockefeller and harkin are over 70 years old. chambliss would be over 70 by the time of the 2014 election. >> is there the potential for a fundamental change in ideology in both houses? >> reporter: not a fundamental change in ideology, but you do see the senate becoming somewhat fresher. already 60 out of a hundred senators came, when barack obama came in 2005 or later, and fresh members of the senate are more impatient with the dysfunction of the place. we saw some of the effects this past week with the agreement among republicans and democrats to slightly streamline filibuster procedures. >> all right. john harwood, good to have you on with us tonight. thanks. >>> as secretary of st
CNBC
Jan 23, 2013 1:00pm EST
. both having an impact on the other. eamon jappl eamon javers and john harwood. but first, sue at the stock exchange. hi, sue. >> hi. we are not quite making history yet but there is a lost optimism as i talk to the guys on the floor. we're not that far off from historic highs. 90 minutes ago, the dow crossing the 2007 high which was 13,780. right now the dow jones up 68 points at 13,781. the all-time high for the dow, 14,198. about 400 points away from that high water mark set in october of '07. so far this year, the dow is up 5% and that's only really about 14 trading days. turning to the s&p, more than 4% higher this year as well. that indaeks now just, give or take, about 75 point from its all-time high of 1565 which was also set in october of 2009. so there's pretty good mood down here on the floor, ty? >> thank you very much, sue. let's get back to the breaking news in washington. a vote on the debt ceiling. we will get to john harwood in a moment on what it means for the white house and senate. but first, apple eamon javers on the hill. >> we expect it to pass, maybe tig
NBC
Jan 26, 2013 6:30pm EST
and democrats to slightly streamline filibuster procedures. >> all right. john harwood good to have you on with us tonight. thanks. >>> as secretary of state hillary clinton prepares to step down in coming days, she sat down alongside president obama for an interview that will air tomorrow on "60 minutes." four years ago or so they were rivals for the democratic nomination and then she became a key member of his inner circle. the president and secretary talked about her service. >> i want the country to appreciate just what an extraordinary role she's played during the course of my administration and a lot of the successes we've had internationally have been because of her hard work. >> in politics and in democracy, sometimes you win elections. sometimes you lose elections. and i worked very hard but i lost and then president obama asked me to be secretary of state and i said yes. and why did he ask me and why did i say yes? because we both love our country. >> one of the biggest challenges on secretary clinton's watch has been the bloody conflict in syria. that civil war has also produ
CNBC
Jan 2, 2013 7:00pm EST
boehner. john harwood joins us now with all the details. good evening, john. >> reporter: good evening, larry. it's been a rough couple of weeks for john boehner, trying to negotiate a deal with the president. that didn't work. he went to plan b, his own caucus rejected plan b. the senate sent over a bill that was worse than plan b from a republican point of view. the speaker had to accommodate the views of members of his caucus who didn't like the lack of spending cuts in that bill, so they went through the motions of considering an amended bill. they did a whip count and found that it wasn't going to work. then they had to vote on the senate bill. he voted for it. eric cantor, his deputy who had long been rumored to be after his job, voted the other way. and so john boehner has been in a tenuous position. and then you had the controversy over hurricane sandy. he decided in deference to the spending concerns of some of his members to put off that vote last night and was blasted today by chris christie, the governor of new jersey, by peter king and other members from northeastern state
CNBC
Jan 18, 2013 12:00pm EST
right to our own john harwood. >> scott, the republican house leadership is alt a retreat in williamsburg right now. they have settled on a course that they're going to take to the house floor next week on the debt limit and it is as follows. they're going to pass a short-term extension of the debt limit to april 15 but attach conditions to it. not spending cuts but the conditions are that the house and senate both pass budget resolutions by april 15th which is supposed to be the case already but it's a deadline often missed in the law right now. and if members don't do that, if the house and senate don't pass budget resolutions their pay would be withheld so the slogan for republicans is going to be no budget and no pay. now this is an attempt by republicans to get past the potential blame that would be associated with not raising the debt limit but it is not a long-term extension of the debt limit. that is still a card that republicans are holding back. this is something that john boehner has now agreed to. he just put out a statement as i was sitting down in the chair t
CNBC
Jan 14, 2013 1:00pm EST
conference in washington. topic number one, debt ceiling deadline. john harwood is at the white house. lines are drawn, john. >> sue, they were drawn very starkly by the president. he asserted that american people vendcated his approach to deficit reduction in the recently passed election. he said he was willing to negotiate over ways to cut the deficit in the future but he accused house republicans of playing a hostage game with debt limit in the debt ceiling very soon and said he will not participate. >> they will not collect a ransom in exchange for not crashing the american economy. the financial well-being of the american people is not leverage to be used. the full faith and credit of the kru united states of america is not a bargaining chip and they better choose quickly because time is running short. >> john boehner put o out a statement right after the news conference trying to stay out of box the president put them in. he said, the house will doity job and pass responsible legislation that droenls spending, meets our nation's obligations and keeps the government running. the questio
NBC
Jan 24, 2013 11:00pm EST
on the commander-in-chief's forehead. the president famously killed a fly during an interview with john harwood back in 2009. oh, it looks big when it's a still shot. and that was tat the white hous, too. second day of stingle digit rivers causing rivers to freeze in the boston area. check out the river in lawrence. despite the sunshine, it's completely frozen over with ice and snow. the low temperature today in the area, 1 degrees. the arctic blast made it feel like 5 below at times. so we do know it could be worse. >> pretty dramatic. turning now to our weather, more snow is our way. veronica johnson breaks it down to tell us when it's going to arrive. >> not so much the size of the system that will be problematic, but the time the snows into the area. so starting about 2:00 p.m. tomorrow we're going to see the snow develop to the west. it will stay with us through the afternoon and into the evening and wrapping up around 10:00 p.m. tomorrow. it will be light and powdery on the roads tonight and tomorrow morning. it means the morning rush will be dry but again icy in some areas. the wind star
NBC
Jan 25, 2013 4:30am EST
sitting down to talk with cnbc's john harwood. >> somebody you need to bring in somebody to get rid of the bugs. more winter weather to talk about. local plow companies working through the night to clear and prep roads for the next round in virginia it's the small businesses that are getting the call because vdot won't plow secondary roads unless there's more than 2 inches on the ground. those potentially dangerous conditions have residents asking fellow drivers to take it easy. >> what concerns me is the kids walking on the sidewalk. if you get in a good spin, you could go over the sidewalk and harm somebody. it's very treacherous. >> vdot says that you should try to getter rands done early today so when the snow comes this afternoon, they can treat the roads without you being in their way. >> it's definitely cold enough. there will be a lot of slick spots. be careful out there. meteorologist tom kierein here now with the forecast. >> that snow yesterday got compacted down. even though it's a thin layer, it's enough to lose traction. frigid friday morning. around the region, temper
CNBC
Jan 9, 2013 1:00pm EST
. >> i hope so, ty. we will start with a question. will jacob be the next nominee? john harwood confirming he will be nominated to replace outgoing secretary of treasury tim geithner. but can he get through the senate? that the question. john is here in new york with perspective on that. what do you think, john? >> yes, he can. he is liked across the political spectrum. he is an effective liberal serving tip o'neill in the past. but we know that second term cabinet are beginning to fall into place. we have had the national security members of the team named in the last few days but now jack lew will be named, we expect tomorrow, to replace tim geithner who has been wanting to leave for some time. here is what president obama gets, someone with vast experience in handling capitol hill and dealing with budget negotiations. he's been a part of almost lever r every big budget negotiation the last couple of decades. secondly, someone who will remain part of his inner circle and genial personality. what he doesn't get is the experience tim geithner brought, years of financial regulati
CNBC
Jan 18, 2013 4:00pm EST
the deadline, at least until the spring. our chief white house washington correspondent john harwood now with the story. john? >> reporter: maria, an interesting development that reflects republicans' awareness that they have the short end of the stick in terms of bargaining power with the president who has just been re-elected and with congress as our new nbc/"wall street journal" poll showed is only at a 14% approval. he's at 52%. here's what the house republicans are going to put on the floor next week and try to pass. it would be an extension of the debt limit, a rise in the debt loimt that would take us through april the 15th. it would be on condition that the house and senate both passion a budget which they are supposed to do under law by that point anyway, and finally it would take an approach of no budget, no pay if the congress refused to do that. here's the response from senate democrats. they said, no, we will consider a clean debt limit extension without any conditions if the house sends us one, so they are trying to keep the pressure on. the white house says we're encourage
CNBC
Jan 14, 2013 12:00pm EST
own john harwood is at the white house. john, you listened to the president speak for about 45 minutes, with reporters. certainly didn't sound like a president who was ready to rise above. taking the approach they, meaning republicans in the president's words, will not collect a ransom for not crashing the economy. president also saying i won't negotiate with a gun at the head of the american people. this is a president gearing up for a fight, john. >> he was drawing a very tough line. said he wouldn't negotiate. said that if we don't pay our bills, if we default on some of the obligations that congress has committed to, that that will be the fault of house republicans. this is a president who, having been squeezed by republicans over the last two years, has clearly decided that he went to the american people, made a set of arguments that were vindicated in the election, and he is now going to try to, as he said, break the habit of gett g getting -- having crisis-driven negotiations on the debt limit, on the budget, and it's going to be very interesting to see whether he can stick to
CNBC
Jan 10, 2013 4:00am EST
. cnbc's john harwood has more on the changes coming to the u.s. treasury department. >> president obama has already filled out the members of his national security team for the second term. now he's filling out the economic term for a second term including his choice for treasury secretary. later today, we expect the president is going to appoint his current white house chief of staff jack lou as current treasury secretary. jack lew is a veteran of capitol hill and of more than one big major budget negotiations which is exactly what the president is facing right now. he's somebody with a low key demeanor who gets along well with others. his confirmation is expected to be not too difficult. what he doesn't provide is a strong business background or wall street ties, although he did work for citigroup for a while and he doesn't have the experience in financial regulation that tim geithner brought to the job having head of the federal reserve bank of new york during the financial crisis. but jack lew is expected to be announced today. the pecked speculation about his replacement as white h
CNBC
Jan 21, 2013 11:00am EST
mathisen joined by cnbc's chief washington correspondent john harwood. great to be with you on this day of history. >> welcome to d.c. >> good to see you. the oath of office will take place in about 50 minutes, but today, of course, is all about the ceremony. you probably know this already, yesterday chief justice john roberts officially administered the oath in a small, private ceremony in the blue room at the white house as per the constitution. >> this morning the president and the vice president attended church services with their families at st. john's church, an inauguration day tradition ever since franklin roosevelt started it in 1933. president obama arrived at the capitol just a few minutes ago. he will soon be announced to the crowd and seated. here are the highlights of today's program. vice president joe biden will take the oath of office first administered by supreme court associate justice sonia sotomayor. >> and then the crowd will be treated to a musical selection by james taylor and then chief justice john roberts will administer the presidential oath of office to mr.
MSNBC
Dec 31, 2012 6:00pm PST
can. let's go to nbc's john harwood who has been covering the story for a very long time for us. bring your view, john, if you will, of this deal as we understand it. >> milissa, i think the deal is going to pass the senate. i think speaker boehner will allow to it come to a vote in the house. i think it will pass the house and go to the president for his signature. i just spoke to one participant in the negotiations who said we hate this was a democrat saying we hate this. but i still i think it's better than nothing. and that suggests you hit the sweet spot. if you have the president's party hating it, conservatives in the republican party hating it, but thinking it's better than the alternative, that's how you bridge a gap between two parties that are very far apart. democrats ultimately gave in on the issue of the estate tax, which was settled on terms that some democrats resisted. but you had conservative democrats who are up for election in 2014 who wanted to -- who wanted to cooperate with the republican party position on that. democrats also gave on the length of the delay of t
CNBC
Jan 14, 2013 7:00pm EST
first in this? john harwood joins us from washington with the details. good evening. >> good evening. the president used the last news conference of first term to draw an ever-brighter line with congressional republicans on the debt ceiling. they say they want dollar for dollar spending cuts to be matched with an increase in the debt ceiling. the president said i'll negotiate with you, but not over the debt ceiling. he simply is not going to allieu republicans to take the full faith and credit of the united states and the health of the u.s. economy as hostages. >> they will not collect our ransom in exchange for crashing the american economy. the financial well-being of the american people is not leveraged to be used. the full faith and credit of the united states of america is not a bargaining chip. and they better choose quickly because time is running short. >> now, house speaker john boehner responded quickly saying house republicans will do the right thing. they will be responsible, they will meet america's obligations and make sure the government does not shut down. he tried to
MSNBC
Jan 19, 2013 4:00am PST
of angela bassett and eva longoria. >> reporter: i will. >>> and joining me, john harwood. cnbc's chief washington correspondent and political writer for the "new york times" and good friend to this show. gland to see you here bright and early in washington. kind of fun. >> kel you what, ron may be distracted by the hollywood actresses but i am laser focused on this inauguration and the second term of the president. >> asking you a bunch of questions. here we go. what do up think the main goals are that you expect the president to outline tomorrow in his address, or monday? >> i would expect the president to focus on the goal of trying to bring the country together behind some of the priorities that we all share. you know, when you look at the two things that the president brought into office, one was an agenda, a set of priorities he wanted to pursue on health care, on financial regulation, energy and climate change nthat sort o thing. a much bigger failure for the president in the first term, the goal of bringing the country together. part of his political identity when he broke on th
NBC
Jan 24, 2013 5:30pm PST
during an interview with our own john harwood. >>> the roar that could be heard for miles today around huntsville, alabama was the test-firing of a vintage rocket engine that was first built to take the apollo 11 mission to the moon. nasa's firing off old ones to learn lessons for the next generation of engines. one of the engineers on the project today, 27 years old, 13 years younger than the rocket they test-fired. >>> and attention all late-night tv and infomercial aficionados. tonight's "rock center" broadcast will feature a profile of the man who became the best-known pitch man of the tv era. maybe the best salesman of all-time. tonight we go inside the world and beverly hills home of inventor and extraordinaire, ron popeil, and it's a wild ride. >> i feel like i know your kitchen already. >> hold it there for six or seven seconds. you tap it. you shake it. not you. >> right. >> you shake this. you go up, out and down. ghl hairspray. you notice i have a nice-sized bald spot. >> it disappears with the glh hairspray. >> great-looking hair. you can't be splashed, because when the foo
PBS
Jan 25, 2013 8:00pm PST
of abc news, jeanne cummings of bloomberg news, and john harwood of cnbc and "the new york times." >> award-winning reporting and analysis, covering history as it happens. live from our nation's capital, this is "washington week" with gwen ifill. corporate funding for "washington week" is provided by -- >> we know why we're here. to connect our forces to what they need when they need it. >> to help troops see danger. before it sees them. >> to answer the call of the brave and bring them safely home. >> around the globe the people of boeing are working together to support and protect all who serve. >> that's why we're here. >> additional corporate funding for "washington week" is provided by prudential, additional funding is provided by the annenberg foundation. the corporation for public broadcasting, and by contributions to your pbs station from viewers like you. thank you. once again, live from washington, moderator gwen ifill. gwen: good evening. president barack obama returned to the west front of the capitol to take the oath of office on monday. four years older, grayer and
CNBC
Jan 17, 2013 1:00pm EST
harwood in washington. john? >> tyler, we've just got one question. the full poll comes out tonight but this shows you some of the difficulty president obama is going to face with this gun control issue he's pursuing. look at the public image of the national rifle association. it shows you it's a pretty tough target. at three different decision points after tragedies, columbine they had a net negative rating. at the giffords shooting it was better in early 2011 and after newtown it is not much worse, 41% positive, 34% negative. that's not bad as they set out to fight what the president is planning to do. when you compare that to the entertainment industry and hollywood, which is a target some republicans are urging to focus on because of the violence in movies and video games, two to one negative for hollywood and the entertainment industry. it grates people on the coast and on the left, not as unpopular as hollywood is. that represents a bit of a hurtle for the president, tyler and simon. >> thank you very much. john. down to you, simon. >> thank you very much, tyler. as the deadli
CNBC
Jan 8, 2013 4:00am EST
. according to fresh numbers, the u.s. could hit the debt ceiling by early as mid february. john harwood explains all the details, a couple of reasons to go and visit that website this morning. cnbc.com. >>> still to come, why property is up at samsung electronics, but the share price is down. see you in a moment. >>> welcome back. alcoa gets the earnings reports started today. slower growth in the economy, the eu debt crisis and superstorm sandy are expected to top issues. take a look at shares this morning. before the report, they're down .75% in frankfurt. so trailing the 34k9. they have been roughly flat over the last few months. james is a huge fan of werings season. you're so excited about this one, i know. >> i live for the wering hes season. you could spend almost your entire time -- >> there's only about three months of the year when you're not engaged in looking at earnings. >> ask you're probably on holiday. >> and are we too focused on werings season? >> samsung, earnings results up, share price down. if you think earnings is relative for share price performance, it isn't. we
CNBC
Jan 14, 2013 4:00pm EST
it there. thanks so much. john harwood. >>> we have more breaking news from washington now. over to eamon javers. over to you. >> hi, maria. we've got a new letter here from tim geithner. the letter going to speaker of the house john boehner. along the points that john was just making in terms of the debt ceiling. the treasury secretary now saying he expects to exhaust the extraordinary measures used to fund the government now between mid-february and early march of this year. a bit of clarity on the time frame. treasury secretary coming down pretty hard here on what the effects would be of not raising the debt ceiling saying even a temporary default with a brief interruption in payments that congress restores would be terribly damaging. calling into question the willingness of congress to uphold america's long-standing commitment to meet obligations of the nation in full and on time. default would increase borrowing costs and therefore add to future budget deficits. this letter from the treasury secretary intended to put more political and public pressure on congress to do something on t
MSNBC
Jan 10, 2013 11:00am PST
and knowing he will do well. >> joining me is john harwood, a lot of nice compliments for mr. lew. we do we anticipate any trouble? we have heard one or two republicans expressing unhappiness with the selection. >> reporter: well, i just got a tweet from his former spokesman at omb which said that jack lew before the full senate for confirmation five times. not a single no vote so far. i would not expect that to be the case this time but i don't think there's a serious threat to the nomination. jack lew is confident, self effacing. he is easy to get along with. yes, a tough negotiator. some republicans didn't like that. yes, some republicans don't like president obama's economic policies. fair enough. that's not much of a reason to vote against him. i wouldn't expect much opposition. >> thank you very much, john. great pleasure fitting you in on that developing story, as well. >>> up next, have you heard this one? charlie rangel, harsh words earlier for the president over a lack of diversity in the president's inner circle. >> it's embarrassing as hell. we've been through all this with mitt
MSNBC
Jan 12, 2013 4:00am PST
cause you not to ovulate. >> joining me now is political writer for "the new york times," john harwood. >> good morning, alex. >> it's important to point out that gingrey commented and he said he wasn't trying to defend remarks by akin or richard mour douk and that his position was misconstrued in my attempt to provide context in what i assume they meant. haven't republicans learned anything in comments when it comes to rape? >> maybe he is teaching a course for incoming members of congress in whatnot to do. republicans learned to their detriment in the 2012 campaign that you simply don't want to go there, and he's a -- an ogb/gyn. i'm not. i won't argue medical with him, but the idea that he would partially defend what akin is unwise. not probably consequential for him, he's not running, but members of congress in most districts are very politically safe. >> politico points out many or at least some gop types are frustrated with members of their own party, but can't insert rape into the already contentious abortion debate. does it scar the whole party? >> the party has taken significa
NBC
Jan 25, 2013 5:00am EST
. the president killed a fly sitting down with c nb's john harwood there. don't want to bug the president. no pun intended. >>> jumping into icy waters may not seem like the thing to do in middle of winter, unless it's for a good cause. tomorrow morning, hundreds expected to leap into the potomac near national harbor for the keep winter cold polar bear plunge. expected to draw attention to climate change. tomorrow afternoon, members of the rockville police department jumping into the chess peer near annapolis raising money for special olympics. >>> we want to tell you about west education campus in d.c., closed due to a power outage. eer not sure if it's weather-related. it's closed today. >>> we're going to need all the heat we can muster the next couple of days, tom. >> off to work and school this morning, it's a stone cold morning. earlier this week i visited this school. the center ridge elementary school in centreville, virginia, in fairfax county. talked to a couple of hundred second graders. do you remember that? >> some of the best teachers were first, second grade teachers. teacher on th
CNBC
Jan 7, 2013 1:00pm EST
most honest counsel. thank you very much. >> let's bring back john harwood as we dip way from remarks of people who have been nominated or leaving office, including chuck hagel, and to. /* give us some reasons why he is regarded as a maverick. >> he will have to answer questions about his views on israel. he's been more critical than most american politicians. questions about his stands and how tough it is on irans. these are concerns that republicans have raised. he will also have to address concerns. he begun to do so about his stance on guy right because he said some things in the 1990s about an appointee that clinton had that concerns members of the guy community. sew will have to address all of those. there are concerns on the left and right. but i expect he will be confirmed ultimately. this is a day to celebrate and the president says he expect the he is not rate to probably confirm. i have to say, before we get out, a nod to leon panetta who has been an extraordinary public servant. he had the line of the day where he said he will be retiring, returning to california with his
MSNBC
Jan 8, 2013 11:00am PST
that he didn't necessarily show after 2008. let me bring in correspondent john harwood. john, a great pleasure to have you on. if that analysis is accurate, saying there's new level of confidence, where would this confidence lead us, especially with these two national security members if they're all confirmed here? >> well, first of all, it's led us to the point of him being willing to take on these confirmation fights. he was willing to take on susan rice for a while. that one ended up getting too difficult and she stepped aside but the president's got an attitude of i've been vindicated by the election and the record in the first term. i got bin laden, i wound down wars unpopular and he has a -- is looking at republicans and saying, you guys were smack talking me for a couple of years and you had the tea party in 2010 and you thought i was back on my heels but i've just been vindicated by the voters in the election with 51% and i'm going to try to impose my will as much as i can. >> chuck hagel and john kerry, the politico today, their headline story, points to how formidable these
CNBC
Jan 16, 2013 3:00pm EST
cuts out of president obama. >> yeah. john harwood is in washington with more on this evolving story. john? >> reporter: bill, it is evolving, and we're not going to note answer for some time. you know, while the high-profile issue of the day has been gun control, privately what you've got is members of both parties calibrating their strategy and figuring out how far they can press and what they can get for pressing hard. there are three basic questions that have to be resolved. one is do we have a short-term extension of the debt limit to allow more negotiations, or is it a longer term extension of a year or more? that's what the white house and democrats want. second of all, is it a clean debt limit extension? do republicans give in and say, okay, mr. president, we're not trying to hold the economy hostage and pass a clean debt limit extension, or do they make it a package deal with spending cuts as opposed to negotiating spending cuts in connection with the run out of government funding on march 27th or the budget sequester due to hit on march 1st? third, the question is if they d
CNBC
Jan 8, 2013 4:00pm EST
the country. our chief washington correspondent john harwood with the latest developments on that score. over to you, john. >> reporter: maria, here's what we knowch the federal government is going to hit the debt ceiling, projected to, between february 15th and march the 1st. that's when the extraordinary measures that tim geithner is using right now to extend it are going to run out. republicans are saying absolutely, no rise in the debt ceiling without an equal number of spending cuts. democrats are saying we're not negotiating with you as all, because as whyte white house press secretary jay carney said look what happened when we tried that in 2011 it resulted in a credit rating downgrade. >> he will not negotiate with congress when it comes to the essential responsibility of congress to pay the bills that congress has incurred. it would be irresponsible to flirt with default. we saw what happened in the summer of 2011 when congress did flirt with default. >> and i think we can conclude from the fiscal cliff debate, maria, is that congress and the white house won't reach an agreement befo
CNBC
Jan 22, 2013 4:00pm EST
.m. eastern time. >> reporter: >> that's coming up and john harwood is here with a preview before that meeting. >> reporter: interesting to see how john boehner describes it, but there are some signs that the whole debt ceiling threat as a source of instability for markets and the economy may be melting away before our eyes. house republicans are going to take up a bill tomorrow afternoon to extend the debt ceiling, not just to april 15, but to may 18. they are going to do it with a mechanism that would allow them in effect to suspend the debt ceiling, not even to raise it making it easier for conservatives to vote for it and senate democrats say they plan to take up that proposal and expect to pass it by an overwhelming margin sometime within the next week or so. now, jay carney at the white house today for his part said we wouldn't a longer term extension than that but the president is not going to block this if it clears the congress. here's jay carney. >> the bill still has to overcome some concern expressed by mums of the house and senate before it can pass both chambers and reach the pre
CNBC
Jan 2, 2013 3:00pm EST
on delicate issues, yes, like the debt ceiling. our chief white house correspondent john harwood has more on the increasing animosity down in the nation's capital. >> you heard about it from i'mon. the same animosity that takes place between democrats and republicans routinely and has escalated at moments of high tension like this over the fiscal cliff also is taking place within the republican party. chris christie coming out so strong against the speaker and house majority. peter king and those other congressmen that eamon referred to beingt, and this is part of the republican party's effort to come to the grips of the influence of tea party factions which have been very -- have made it difficult for the normal give and take of politics that takes place on the hill to work. speaker boehner was upset at harry reid because harry reid made some very intemperate and over the top kind of ridiculous remarks about the speaker as a dictatorship which, of course, is silly when you consider the speaker couldn't even get his own plan "b" cleared on the floor of the house of representatives because
CNBC
Jan 7, 2013 12:00pm EST
that in this morning. john harwood, thank you. let's get to scott wapner and the fast mope halftime. >> carl, thanks so much. welcome to the halftime show, four hours to go until the close on this monday. here is where we stand on the street right now. basically, at the lows of the day for the major averages. this coming off the best close in stocks for over a year. fed fight, why the battle inside the central bank is more serious than you think and what it means for your money.. debate it, netflix tops $1 hunl for the fist time in four months. is it in your portfolio? but first, our top stories, bull run. stocks sitting near five-year highs. we're trading the markets today with virtual john najarian, josh brown and joe tear knranova. is the bull market just getting started or about to end? >> i've told you since the beginning of the year, that's not where the focus is for me. the focus is on the individual sectors. you're get ago pullback today on the financials. they're going throw a report next week. wells fargo at the end of this week. not interested in that. i am interested in goldman sachs. i bel
CNBC
Jan 15, 2013 4:00pm EST
to john harwood. >> reporter: maria, get used to drip, drip, drip. small development news like the one contained in this secretary treasury secretary geithner send to congress notifying them of one of the extraordinary measures he's taken to put off the hitting of the debt crying, not investing some money in the federal employee retirement system in order to preserve room against the cap on the debt limit. geithner notified house speaker boehner he and other treasury secretaries have done in other impasses, nothing profound about it, just an attempt to keep the pressure on the congress, remind them that the clock is ticking. we're getting closer to the debt limit as the president said yesterday. we could hit it in as little as one month, maria. >> john, thank you so much. we'll be watching that story certainly as will the markets. is the market too complacent right now with all of the stories out there as far as the u.s. debt as well as the global economy. according to rex macy it is. he thinks there's a good chance that risk fears will rise and, therefore, the market will pull back. w
CNBC
Jan 28, 2013 4:00pm EST
in come march 1st. john harwood now with the story. >> maria, republicans gave up one hammer to force negotiations on spending cuts when they agreed to raise the debt limit. now they're wielding another with paul ryan saying on "meet the press" yesterday that republicans are willing to let the spending cuts take effect without any other cuts. >> so where are we right now? i think the sequester is going to happen because that $1.2 trillion in spending cuts we can't lose. don't forget one other thing. we think these sequesters will happen because the democrats have opposed. they offered no alternatives. >> democrats in the white house say they do want other cuts. they want to engage in negotiations with the white house. in fact, jay carney the white house press secretary said today we all agree these cuts will never take effect. we need to identify alternatives. >> these kinds of across the board cuts to both defense and non-defense spending are not supported by virtually anyone in washington. and certainly not the president. and to judge by their many statements along these lines not r
NBC
Jan 25, 2013 6:00am EST
a fly when he sat down for an interview with john harwood. >>> investigators are stumped as to what it causing batteries to burst into flames on boeing's new state-of-the-art plane. all 787 dreamliners remain grounded for now. here's an ominous sign. a battery expert with 40 years of experience says he wouldn't fly on a dreamliner right now if the lithium-ion batteries are on board. >>> we're waiting to hear from the faa about who is to blame for two planes that clipped wings. chopper 4 on the scene yesterday. you can see a little damag there. united airlines flight arriving from brussels hit the wing of another plane parked at the gate. nobody was hurt there. >>> a judge recommending that some of the lawsuits should be dropped against the owner of the colorado movie theater where people were killed last summer. the federal judge says colorado law bars those wounded and families of those killed from bringing wrongful death claims against cinemark usa. however, they can still sue on under a liability act covering thing like slip and fall injuries. four of those killed in the massacre
CNBC
Jan 10, 2013 1:00pm EST
down. >> a long policy insideer. steve, stay with us, as we bring in our panel. joining us is john harwood with the political fall out and with the markets, bob pisani. i guess people criticized mr. lew for saying, how is he in a crisis? i guess you never know until you are in one and the one thing you could say, you can't fail to say about mr. lew, is that if anybody aught to be able to get through the federal budget, and understand it, it would be he. based on his two stint at omb. >> exactly. and i think it is pretty hard to say that he is not prepared for a crisis if he served as white house chief of staff in a senior position at state department also as budget director. he has been around at a high level for a long time. of course he hasn't been in treasury secretary job and we all remember that hillary clinton, jack lew's old boss at the state department, said, what is barack obama going to do with a 3:00 a.m. phone call? and barack obama has been counting and did count in the 2012 election on his record answering that question and jack lew will ultimate sli to do the same th
CNBC
Jan 28, 2013 1:00pm EST
in cool product for the future and i can't wait to see what they have next. >> on friday, john harwood will speak about the campaign. with aljanuary simps core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new pursuit. how did i know? well, i didn't really. see, i figured low testosterone would decrease my sex drive... but when i started losing energy and became moody... that's when i had an honest conversation with my doctor. we discussed all the symptoms... then he gave me some blood tests. showed it was low t. that's it. it was a number -- not just me. [ male announcer ] today, men with
CNBC
Jan 25, 2013 9:00am EST
on the job. john harwood is live at the white house with a look at his legacy and a preview of what he could be up to next. talk about a parlor game in washington, john. >> exactly right. look, his legacy is going to be having served with president obama at a time when the financial system was in crisis. they stood it up. we avoided a great depression. now we are in recovery. not a robust recovery. that's something the president has been grappling with. tim geithner has been there at his side as the longest serving member of the economic team. this is the last of geithner's 460 days as treasury secretary. he's the second longest serving. the longest was there for 13 years. geithner spent 17 years total many the treasury department. he was a career civil servant before he was secretary. his signature is on 17 billion pieces of federal reserve currency. tim geithner is also going to take pride in the fact that 93% of the t t.a.r.p. funds dispersed originally during the financial crisis have been repaid to the treasury. geithner got a fishing rod from colleagues in the treasury department this
CNBC
Jan 18, 2013 9:00am EST
correspondent john harwood here with more on what was a pretty stunning set of numbers. interesting in lots of different ways. >> true on both counts. he does have majority public approval at 52% and he does have people in general expressing his support for his view on immigration and gun control. there are significant head winds for him in terms of pessimism and resignation about the state of this economy and also the ways in which washington may be making it worse. let me just run through some numbers. when we asked americans, when you look at 2013 is this going to be a period of economic expansion and opportunity or a time to pull back because the hard times are ahead? by almost 2-1 they say it is going to be a time to pull back. that is not necessarily a good sign. again, the president's approval rating as we mentioned 52%. slightly higher than it was a year ago but not dramatically. he moves in a pretty narrow range. the president is much more popular than the congress. you see only 14% approve of this congress. 81% disapprove. this is something democrats, republicans, and independents
CNBC
Jan 2, 2013 9:00am EST
. there are a lot of nuts and bolts inside of that. cnbc's chief washington correspondent john harwood is here. i guess we can leave out the aid to the asparagus farmers part. >> we can leave out that part, brian. i'll go through all the details with you. as you guys were accurately pointing out, everybody hates it, because nobody really got a great deal out of this. and we're right back in the soup with more negotiations over the next couple of months. first of all, on the income tax, you've got taxes going up to the clinton era rate of 39.6% on incomes of $400,000 for individuals, $450,000 for married couples. on the estate tax, the inheritance tax, you see that going from 35% to 40% on estates of $5 million. although the value of that exemption is indexed for inflation. you see on capital gains and dividends the rate going from 15% to 20% on those top earners. now, secondly, you see a round of other changes, you see on the doc fix for medicare. you prevent the decline in medicare payments to medicare providers. you extend unemployment benefits for a year. you see that the payroll tax does not
CNBC
Jan 22, 2013 6:00am EST
, leaving the country or if it's something even more. >> jae. john harwood had similar problems, although he's not in california. where do you pay your taxes, john? and what are you? are you a -- >> maryland. >> where? maryland? >> the state of maryland. >> you're probably a baltimore ravens fan, too. >> no. i mean, i'm happy they're in the super bowl. i like the harbaugh versus harbaugh thing, but the redskins are my team. that's where my heart is, man. >> and duke is back. are they number one sthp. >> yes. >> louisville lost to syracuse the. >> we're number one again, but we're not going to be the same until we get ryan kelly back. so we're going to have to watch that. that's the key to whether we go deep into the postseason. >> i got home yesterday and i turned on cincinnati was up six or seven over syracuse. they had just beat louisville. and you said, you know what? if i watch this they're going to lose, and they did. >> you're the curse. >> joe, who do you like in the super bowl? i want to get that out there first. >> i -- i -- i'm inclined to see the 49ers, but then i saw the ravens a
CNBC
Jan 22, 2013 9:00am EST
on the street." i'm john harwood. here in washington and around the country, we saw a different barack obama in yesterday's inaugural address. up with more assertive, determined to force his policy choices through the governmental system. he tried to prepare the ground for the coming fight over deficits and debt by refuting republican arguments and casting his own as consistent with the american tradition. >> the commitments we make to each other through medicare and medicaid and social security, these things do not zap our nation, they strengthen us. they do not make us a nation of takers. they free us to take the risks that make this country great. >> now, the president got hopeful news a few days ago when republicans blinked on the debt ceiling increase. but there is no guarantee that they're going to extend similar cooperation on other parts of the agenda. we have to see whether or not partisan warfare actually escalates later in the year or whether we have turned a corner and the president has found a different way of dealing with republicans that's more effective. >> fascinating weeken
NBC
Jan 12, 2013 5:00am PST
? >> kristen welker at the white house this morning, thank you. >>> john harwood is cnbc's chief washington correspondent. good morning. >> good morning, erica. >> when we hear that vice president biden could deliver his recommendations on tuesday, obviously ahead of schedule, not what we're used to in washington, what are we expecting he will be telling the president? >> well, there are a few things that the task force is looking at. and there's a hierarchy of possibility among those things. universal background checks is one of the things that they've looked at that has a significant possibility of coming true because it doesn't have the specter of taking people's guns away, which is what gun rights advocates make the argument about. the second is the high-capacity magazines that go into some of these guns. there is some bipartisan support for that. and then finally, the question of the assault weapons ban which existed in the 1990s and expired. democrats have considered it too politically risky to push that and probably not going to be fruitful. however, there is a new moment of possibil
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